Month: May 2024

While real estate prices in California and the San Francisco Bay Area continue to shatter records, there is one Bay Area city that is bucking that trend for now. Median home prices in California were at an all-time high in April, according to figures released by the California Association of Realtors.  April’s statewide median home price was $904,210, surpassing $900,000… Read More

(Caelyn Pender/Bay Area News Group) Officials count signatures for a proposed rent-control ordinance on Tuesday, May 21, 2024 at the Redwood City Library. The Redwood City Fair and Affordable Housing Ordinance proposes tenant protections such as rent control and limits on landlord evictions that advocates say are stronger than protections currently in place. (Caelyn Pender/Bay Area News Group) REDWOOD CITY… Read More

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SAN JOSE — Wide-ranging work is underway to convert a well-known San Jose office tower into housing, a project that could enable rentals of the future residences to begin sometime in 2025. The project aims to remake the Bank of Italy historic office tower downtown into a residential high-rise with at least 100 apartments. If completed, the transformation would be… Read More

Fall colors drape over Sonora Drive in San Mateo, Calif., Thursday, Nov. 16, 2023, where a historic designation proposal has created controversy. (Karl Mondon/Bay Area News Group) To demonstrate it is serious about building new housing, the city of San Mateo must show state regulators a list of places where new development could be built in the next eight years. The… Read More

Construction workers work on the Tilda House, a 22-story tower on Treasure Island in San Francisco, Calif., on Wednesday, Sept. 13, 2023. The 250-apartment tower is the first ever high-rise structure built on the island. (Ray Chavez/Bay Area News Group) California housing regulators are demanding that cities statewide develop meticulous plans to add 2.5 million affordable and market-rate homes by… Read More